14014 Charles Lane Springfield Gardens, NY 11413
MULTI_FAMILY - Springfield Gardens, NY
- Added:
- Jul 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 12 at 12:06 am
Property Features for 14014 Charles Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-1
- Bathrooms
- 5
- Rooms
- Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 3
- Interior features
- A/C Unit - Wall, A/C Unit - Window
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9029
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Hardwood
Listing agent Rahreese Kenchen License #RMR005476 (646) 642-4340
Listing office Fave Manhattan 1875 Grand Ave, Baldwin, NY (646) 642-4340
Listing date Jul 10, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A fully finished lower level adds additional flexible space and includes a full bathroom with a separate outside entrance. Outdoors, the property includes an oversized private backyard and generous private parking for multiple vehicles.
Located in an established residential area of Springfield Gardens within Queens County, the home is described as convenient to neighborhood services and everyday amenities, with access to public transportation and major regional roadways, including the Belt Parkway and Cross Island Parkway, as well as JFK Airport.
Key Highlights
- Fully renovated two‑family residence built in 2005 with two separate residential units
- Each unit offers 3 bedrooms and 2 full bathrooms with open‑concept living and dining areas
- Designer kitchens include elegant cabinetry, quartz countertops, stainless steel appliances, and recessed lighting
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $184.8k | $46.20 |
| − Vacancy | −$7.0k | −$1.76 |
| EGI | $177.8k | $44.44 |
| − OpEx | −$80.0k | −$20.00 |
| NOI | $97.8k | $24.44 |
